Capstone Green Energy Holdings (CGEH) Company Report

Capstone Green Energy Holdings, Inc. announced the closing of its private investment in public equity (PIPE) financing, resulting in gross proceeds of approximately $15 million.
The company issued 7,500,000 shares of common stock (or pre-funded warrants) at a price of $2.00 per share, representing an 8% premium over the common stock's closing price on November 21, 2025.
A majority of the Board Directors and several members of the executive leadership team personally invested in the PIPE, alongside institutional and accredited investors.
The net proceeds from the private placement will be used to repay approximately $8.0 million of outstanding indebtedness maturing on December 7, 2025, advance product development, support expansion into AI infrastructure and data center power applications, and fund working capital.

Nov 25, 2025, 10:13 PM

Capstone Green Energy Holdings Reports Q2 FY26 Financial Results with Revenue and Net Income Growth

CGEH

Earnings

Revenue Acceleration/Inflection

CFO Change

Capstone Green Energy Holdings (CGEH) reported total revenue of $28.4 million for Q2 FY26, an increase from $22.7 million in Q2 FY25, and achieved net income of $0.8 million, compared to a net loss of $(0.4) million in the prior year period.
The company recorded Adjusted EBITDA of $4.5 million for Q2 FY26, marking its sixth consecutive quarter of positive Adjusted EBITDA.
CGEH realized 44% cost savings by bringing injector welding and assembly operations in-house, which also contributes to a more resilient supply chain.
Strategic technology investments include the successful demonstration of an 800 VDC platform for AI Factories, development of new Combustion Liners capable of ~5ppm NOx emissions, and a successful test run of the C250 Engine.
The company noted the recent departure of its Chief Financial Officer as a risk factor.

Nov 13, 2025, 9:45 PM

Capstone Green Energy Holdings, Inc. Announces Q2 Fiscal 2026 Results

CGEH

Earnings

Revenue Acceleration/Inflection

M&A

Capstone Green Energy Holdings, Inc. reported revenue of $28.4 million for the second quarter of fiscal year 2026, a 25% increase compared to the prior-year period, driven by stronger product demand and higher rental utilization rates.
The company achieved net income of $0.8 million for the second quarter of fiscal year 2026, a significant improvement from a net loss of $0.4 million in the second quarter of fiscal year 2025.
Gross profit increased by $2.0 million to $9.0 million in the second quarter of fiscal year 2026, with gross margin expanding to 32% from 31% in the prior-year period due to favorable product mix and cost-out initiatives.
Adjusted EBITDA for the second quarter of fiscal year 2026 was $4.5 million, marking the sixth consecutive quarter of positive Adjusted EBITDA.
Capstone Green Energy Holdings, Inc. completed the acquisition of Cal Microturbine on August 13, 2025, which contributed $0.7 million in revenue and $0.2 million in earnings in the second quarter of fiscal year 2026.

Nov 13, 2025, 9:25 PM

Capstone Green Energy Holdings Pre-Announces Strong Q2 FY2026 Results and Leadership Changes

CGEH

Earnings

CFO Change

Board Change

Capstone Green Energy Holdings pre-announced Q2 FY2026 revenue of $28.4 million, marking a 25% increase year-over-year from Q2 FY2025, and reported a 47% revenue growth for the first half of FY2026 over the first half of FY2025.
The company reported a net income of $0.8 million for Q2 FY2026, an improvement from a ($0.4 million) net loss in the prior year's comparable period, and anticipates its sixth consecutive quarter of positive Adjusted EBITDA.
John Juric resigned as Chief Financial Officer effective November 1, 2025, and John Miller was appointed Interim Chief Financial Officer effective November 2, 2025.
Robert Flexon resigned as Chairman of the Board and from the Board of Directors effective October 30, 2025, citing a disagreement regarding the company's strategic direction, and Robert Powelson was appointed Interim Chairman effective October 31, 2025.